Guam § 27406 - When Certificate shall be Canceled or Amended.

§ 27406. When Certificate shall be Canceled or Amended.

(1) The certificate shall be canceled when the partnership is dissolved

or all limited partners cease to be such.

(2) A certificate shall be amended when:

(a) There is a change in the name of the partnership or in the

amount or character of the contribution of any limited partner,

(b) A person is substituted as a limited partner,

(c) An additional limited partner is admitted,

(d) A person is admitted as a general partner,

(e) A general partner retires, dies, or becomes insane, and the

business is continued under § 27402,

(f) There is a change in the character of the business of the

partnership,

(g) There is a false or erroneous statement in the certificate,

(h) There is a change in the time as stated in the certificate for the

dissolution of the partnership or for the return of a contribution,

(i) A time is fixed for the dissolution of the partnership, or the

return of a contribution, no time having been specified in the

certificate, or

(j) The members desire to make a change in any other statement

in the certificate in order that it shall accurately represent the

agreement between them.